Costello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LISLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 9 grants totaling $334K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-7.7% YoY
Annual Giving
$334K
-29.0% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$37K
-44.8% YoY
About Costello Family Foundation
Based on IRS filings
Costello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LISLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 9 grants totaling $334K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,129,869 | $2,308,357 | $2,332,174 |
| Revenue | $96,186 | $427,414 | $330,699 |
| Expenses | $367,479 | $499,071 | $355,778 |
| Qualifying Distributions | $333,925 | $467,549 | $312,600 |
| Net Investment Income | $25,807 | $19,591 | $21,332 |
| Distributable Amount | $54,945 | $50,465 | $59,050 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J COSTELLO II | PRESIDENT | — | — |
| LISA M COSTELLO | SEC-TREAS | — | — |
| DOMINIC V COSTELLO | VICE-PRES | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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